[quote=North County Jim]
You’re describing water that went under the bridge years ago.

Yes, I wouldn’t quibble with calling loans during the insanity of years past “two jokers playing with other people’s money”.

All that being said, if you were one of those “jokers” today, what would you do? I don’t know about you but I would try to think ahead rather than cast blame at what happened in the past.

If I felt the climate was right to modify my loan, I would be all over it in a nanosecond. I would gladly take the credit score hit for a chance to significantly improve my balance sheet.

That is a business decision.[/quote]

You’re missing the point. A business decision involves two willing parties who are each risking their own money. What we have here is one party, the FB, who took out a low-cost loan at the expense of an unwilling party, taxpayers through an unscrupulous intermediary, crooked banksters. Now you have the FB going back to the unscrupulous intermediary who is again going to steal from the unwilling party (taxpayers).

This is not a business transaction. It is socialism. If you can’t see that you are blind.